PMR Online access    |   tel. +48 12 340 51 00    |   E-mail:


No change in interest rates expected


In our view, one should not expect a change in interest rates in the months ahead. Among factors working against a tightening of monetary policy will be: a falling inflation rate, a modest pace of economic recovery, and the replacement of RPP members at the beginning of the year. A tightening cycle could start only in the second half of the year, when the positive trends in the economy become more entrenched and inflationary pressures reemerge. We forecast that at the end of 2010 the main reference rate will stand at 3.75%.

Paweł Sionko
Construction Market Analyst, PMR

Browse and search in our archive »

Free monthly e-letter containing latest news, analyses and business information on economic situation in Poland, Russia, Bulgaria, Czech Republic, Hungary, Romania, Slovakia, Ukraine, Kazakhstan.
Latest news

Useful links         Privacy Policy
Copyright © 2018 PMR. All rights reserved.

PMR is a British-American company providing market information, advice and services to international businesses interested in Central and Eastern Europe as well as other emerging markets. PMR key areas of operation include business publications (through PMR Publications), consultancy (through PMR Consulting) and market research (through PMR Research). With over fourteen years of experience, high international standards in projects and publications, highly skilled multilingual staff and a wide network of co-operating research companies and market experts, PMR is one of the largest companies of its type in the region.